Market News
Stay updated with the latest market trends, earnings, and economic indicators.
India's retail car sales hit record in April, but Mideast crisis clouds outlook
Indian car sales reached an all-time high in April. Passenger vehicle sales saw a significant jump. This growth was driven by rate cuts, easier financing, and strong demand from rural areas. However, concerns about Middle East tensions and rising fuel prices may affect demand in the coming months. Dealers are monitoring inventory levels and urging caution from manufacturers.
Retail direct equity bets fall, MF holdings rise to new high
Individual investors reduced direct equity ownership for the third consecutive quarter, while mutual fund holdings reached a record high, driven by surging retail inflows. Foreign ownership hit a 14-year low amid a risk-off sentiment, contrasting with domestic institutional holdings climbing to an all-time peak.
Rupee falls 39 paise to end at all-time low of 95.23 against US dollar — What's plaguing the domestic currency?
At the interbank foreign exchange market, the rupee opened at 94.95 against the US dollar, then lost ground and finally settled for the day at 95.23 (provisional), registering a fall of 39 paise over its previous close.
Q4 Results LIVE Updates: Sundram Fasteners profit up 30%; ESAF SFB NII grows 20%
Q4 Results LIVE Updates: Today is the busiest day in terms of quarterly results this week. The big earnings reaction of the day comes from Bajaj Finance where brokerages have raised their targets and even upgraded the stock, along with Waaree Energies, who also issued its guidance for FY27. The biggest result of the day comes from Hindustan Unilever (HUL), followed by Adani twins on the Nifty (Ports & Enterprises), Bajaj Finserv, ACC, Laurus Labs, Dr. Lal Pathlabs, RailTel, Newgen Software and others. Follow for all the Live updates.
Rupee falls to all-time low of 95.23 against dollar amid oil pressure
Indian rupee hits record low beyond 95 per dollar as strong US dollar, rising crude oil, foreign outflows and geopolitical risks intensify pressure.
INR falls near record low levels hurt by elevated oil prices
The Indian rupee depreciated 14 paise to close near its all-time low at 94.82 (provisional) against the US dollar on Wednesday, pressured by rising crude oil prices, hovering well above $100 per barrel, and continued foreign capital outflows. Brent crude prices climbed toward $115 a barrel today, hitting a four-year high on mounting uncertainty around global supply amid the prolonged closure of the Strait of Hormuz. Elevated crude oil price is likely to sharply impact India's import costs, while the ongoing West Asia crisis and concerns over potential wider conflict are fuelling investor anxiety. Meanwhile, Indian shares rose notably on Wednesday despite mixed cues from global markets and growing anxiety over surging energy prices, capping downside in the counter. Sensex settled 609.45 points (0.79%) higher at 77,496.36 while Nifty 50 advanced 181.95 points (0.76%) to close at 24,177.65. Investors are also awaiting cues from the upcoming US Federal Reserve policy decision as dollar ..
Rupee falls 14 paise to close near all-time low level at 94.82 against US dollar
Rupee closes at 94.82 near record low against US dollar, hit by rising Brent crude, FII outflows and West Asia crisis, as markets await US Federal Reserve decision
₹2 lakh wiped from peak! Silver price in India loses all gains of 2026 YTD - Should you still buy the white metal?
After a sharp rally, silver prices have fallen below 2025 levels due to macroeconomic factors and profit booking. The selloff was intensified by a strong dollar and geopolitical tensions. Long-term demand and supply constraints suggest a potential recovery despite near-term pressures.
TCS Q4 Results Highlights: Rupee revenue growth the highest in 30 quarters; CC growth beats
TCS Q4 Results Highlights: Tata Consultancy Services Ltd. (TCS), the Tata Group giant, reported its results for the March quarter after market closing hours on Thursday, April 9. The results were largely in-line with expectations. Revenue in US Dollar terms stood at $7,621 million, which was in-line with expectations. The other parameters such as rupee revenue, EBIT and EBIT margins were either in-line or marginally higher than street expectations. Stay tuned for all the LIVE updates.
NSE kicks off IPO process, targets June-July filing
The exchange met all 20 bankers to begin drafting offer papers as it prepares retail outreach and finalizes sellers for the long-delayed listing.
Phoenix Mills shares surge over 8% as retail consumption hits all-time high in FY26
Under Phoenix Mills' hotels business, the St. Regis in Mumbai delivered revenue per average room growth of 6% in the fourth quarter from the previous year and 7% in the entire fiscal. Its occupancy was sustained at 86% in FY26.
Rupee could fall to 100/dollar if oil stays above $110/barrel: Neelkanth Mishra
The Axis Bank chief economist's comments come at a time when the local unit has fallen by 4.5% against the dollar since the war in West Asia began on 28 February, and 11% in FY26, hitting an all-time low of 95.1250 per dollar on 30 March.